The live, play and visit environment that Centurion Residential Estate & Country Club offers continues to attract buyers looking for a very specific lifestyle and ambience.
The lifestyle
The 18-hole golf course is a major attraction and visitors and residents are able to enter a number of golf events throughout the year. The country club offers conferencing facilities for year-end functions, birthday parties, corporate events and weddings.
There are many social events like Quiz Nights and an annual fishing competition that take place. The stylish Clubhouse has a restaurant, fully licensed bar services as well as specials from the menu on specific days. Informal dress code makes this a popular venue for the whole family and for their guests to enjoy, according to Pam Golding Properties area specialists for Centurion, Peter Varrie and Rudi Kruger.
“People buy into this estate because of the lifestyle element and the fact that property prices have seen good growth over the past 10 years is definitely another reason why Centurion Residential Estate & Country Club is still highly desirable.”
They explain that the 20-year old secure estate with an 18-hole golf course and club house offers private living in the security of one of the most sought-after and prestigious security estates in Gauteng.
Say the agents: “The trees within the estate and around the golf course, as well as parks and ponds, make for scenic and tranquil backdrop. “The birdlife and small animals found within the estate are just one of the attractions which encourages families to go for leisurely walks while taking in the beauty of the entire estate.”
Property prices
According to Lightstone data, in 2007, the median price for a freehold home was R2.57 million which grew to R3.25 million in 2017. The median price for sectional title homes grew to R2.1 million in 2017 from R1.48 million in 2007. Both freehold and sectional title prices have continued to strengthen in early-2018, with a median price of R3.31 million registered for freehold homes and R2.525 million for sectional title properties.
Varrie and Kruger say property selling prices range from R2 million and up to R20 million, with R12 million being the highest price achieved for a property in 2017.
Due to its upmarket status, the average price of a property whether its freehold or townhouse, tends to be higher in Centurion Residential Estate & Country Club when compared to purchase prices of properties within the suburb. The median price of a freehold home in Centurion was R1.65 million and R920 000 for a sectional title property in 2017, according to Lightstone. The figures have since grown to R1.742 million for freehold and R960 000 for sectional in 2018. In addition, properties overlooking the greens also tend to command higher prices, compared to any other location within the estate.
“The estate aims to promote a secure, luxurious and relaxing lifestyle, where ownership regarding overall security, a greener, healthier and a more balanced lifestyle are a priority.”
Data also shows that 48% of existing homeowners have owned property for more than 11 years within the estate which has a diverse range of buyers. These include 51% which are middle aged buyers, with mature buyers comprising 31%. Young adults, including those starting out and wanting a secure home for their family make up 10% of purchasers while retirees account for 5% of buyers within the estate.
Furthermore, say the agents, the estate is perfectly positioned close to the Gautrain station making commuting to Johannesburg, Pretoria, Midrand and OR Tambo International Airport a lot easier.
Close by are a number of private and public schools including Speelkas Kleuterskool/Pre Primary School, Laerskool Doringkloof Primary School, Irene Primary School, Southdown College and Cornhill College. For shopping, residents don’t have to travel far to the Centurion Mall, Highveld Shopping Centre, Bylsbridge Promenade Centre and High Park Shopping Centre where they can choose from services, restaurants, fashion and entertainment. The SuperSport Park which hosts a number of local and international sporting events is located nearby.
“Centurion is a thriving residential and commercial hub and one of the fastest developing nodes in Gauteng having seen a number of developments come onto the market in the last five years,” they add.
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